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I asked the bank's representative what would they sell it for and he said not less than $25K. Somehow having to <br />pay for a demolition is less of a loss than what the loss would be on the books for selling it for any less than the <br />mortgage amount due. <br />Steve Szaday <br />STANDARDS AND GUIDELINES: <br />CHAPIN PARK LOCAL HISTORIC DISTRICT <br />GENERAL <br />A. Buildings in the district should not be demolished except where a building poses a threat to the public safety, <br />and demolition is the only alternative. Documentation of interior and exterior features of the original buildings, <br />especially homes rated as historically significant, is encouraged. Measured drawings and photographs may be <br />submitted to the Historic Preservation Commission for safekeeping and future reference <br />STAFF RECOMMENDATION: Staff recommends approval. <br />Elicia Feasel <br />Executive Director <br />